Sato Restaurant Systems Co., Ltd. Reports Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the Six Months and Year Ended March 31, 2016
July 30, 2015
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Sato Restaurant Systems Co., Ltd. reported earnings results for the first quarter ended June 30, 2015. For the quarter the company reported net sales were ¥9,386 million against ¥8,918 million a year ago. Operating income was ¥35 million against ¥59 million a year ago. Ordinary income was ¥5 million against ¥31 million a year ago. Loss attributable to owners of the parent was ¥43 million or ¥1.47 per share against ¥12 million or ¥0.45 per share a year ago. Income before income taxes and minority interests was ¥2,046 million against ¥29,142 million a year ago.
For the six months of fiscal ended March 31, 2016, the company expects net sales of ¥19,700 million, operating income of ¥400 million, Ordinary income of ¥370 million, net profit attributable to owners of the parent of ¥100 million or ¥3.22 per share.
For the fiscal ended March 31, 2016, the company expects net sales of ¥40,900 million, operating income of ¥1,260 million, Ordinary income of ¥1,220 million, net profit attributable to owners of the parent of ¥490 million or ¥15.29 per share.
SRS HOLDINGS CO.,LTD. is a Japan-based company mainly engaged in the restaurants operation business. Its main products are Japanese food. The main brands include WASHOKU SATO, SANTEN, NABEICHI, Meotozenzai, CHOJIRO, Meshiya Miyamoto Munahsi, MIYAKOBITO. The Company is also engaged in real estate rental business.
Sato Restaurant Systems Co., Ltd. Reports Earnings Results for the First Quarter Ended June 30, 2015; Provides Earnings Guidance for the Six Months and Year Ended March 31, 2016